In the former Soviet Union most goods and services were produced by ____________; in the United States most goods and services are produced by _____________.
A. the government; private enterprise
B. the government; the government
C. private enterprise; the government
D. private enterprise; private enterprise
A. the government; private enterprise
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Each month the CPI is calculated by
A) recording the new prices and making no other calculation. B) multiplying the current cost of the CPI market basket by the base period cost and then dividing by 100. C) subtracting the base period cost of the CPI market basket from the current cost and then dividing by 100. D) dividing the current cost of the CPI market basket by the base period cost and then multiplying by 100. E) subtracting the current period cost of the CPI market basket from the base period cost and then multiplying by 100.
Which list ranks assets from most to least liquid?
a. currency, fine art, stocks b. currency, stocks, fine art c. fine art, currency, stocks d. fine art, stocks, currency
Below are pairs of GDP growth rates and unemployment rates. Economists would not be shocked to see most of these pairs in the U.S. Which pair of GDP growth rates and unemployment rates is not realistic?
a) 10 percent; 5 percent b) -1 percent; 8 percent c) 3 percent; 6 percent d) -2 percent; 2 percent
At a price of $3.50, the quantity supplied by the market will be 14.PriceAnn's SupplyBarry's SupplyCharlie's SupplyMarket Supply$0.00 00000.50 10011.00 21031.50 32052.00 43072.50 540-3.00 650-3.50 752-4.00 852-
Answer the following statement true (T) or false (F)